As it bulks up its global animal feed business, Cargill this week acquired a leading feed formulation software business.
Cargill declined to disclose the sale price for Format International, which is based in the United Kingdom and is active in 93 countries. Format specializes in formulating feed for livestock, fish and pets.
Cargill expects that the deal will help it beef up its feed business technological capabilities, offering customers a more complete animal nutrition package.
Minnetonka-based Cargill, the largest U.S. privately-held company, is one of the globe’s largest animal feed providers.
Cargill earlier this year bought EWOS, a Norway-based fish feeding company for $1.5 billion, its second largest deal ever. Its biggest deal was also in the feed business, when it bought Provimi, a Dutch company, for $2.2 billion in 2011.